Key Responsibilities: - To check for any revenue leakages in the system by doing a regular reconciliation and work closely with the tech teams. Also, to do a day to day reconciliation of deposits and withdrawals into Nodal account. - Bank MIS reconciliation with system data and matching of funds on daily basis. - Co-ordinate with Banks for issues in reconciliation and payment related issues. - Post Nodal account reconciliation on a daily basis, provide day end summary to the accounting team for passing appropriate accounting entries. - Maintaining Nodal Account Health by keeping check on funds lying and Age analysis of the same. - Work closely with Tech teams to understand where the daily MIS files are struck and ensure the same are ingested into the dashboard and attain a 100% reconciliation. Also, find innovative ways of automation. - Verification and Validation of the Payment Gateway commissions, Net Banking commissions, Partner commissions, Wallet commissions. - Ensuring the commissions are charged as per the agreed commercials with the banks. - Balancing and matching of the funds at day ends. Analyse the difference occurs and treatment of the same. - Research and solve payment discrepancies. - Resolve invalid or unauthorized deductions by following pending deductions procedures. - Preparing Concurrent Audit report of Nodal Account to be submitted to Department of Payment and Settlement System, Reserve Bank of India, on a monthly or quarterly basis. - Generate monthly, quarterly or annual financial statements and reports detailing paid and unpaid invoices and other accounts receivable activity. - Month End Deliverables: Cost reports, Gross margin analysis, What do we expect from you? - Bachelor's degree with MBA Finance. - 4+ years of working experience in the field of Reconciliation and Merchant Settlement. - Similar working experience in a Payment gateway/aggregator is a plus. - Proficient in Microsoft Office suite of products specially MS Excel to handle large volumes of data. - Motivated self-starter able to work independently with minimal supervision as well as cooperatively with others within and across functions.

Bangalore

Razorpay - Manager/Assistant Manager - Reconciliations 

Razorpay - Manager/Assistant Manager - Reconciliations  ,Job Description for Razorpay - Manager/Assistant Manager - Reconciliations  in Razorpay in  Bangalore for (4-10) years of experience. Apply Now!

Job Description for Razorpay - Manager/Assistant Manager - Reconciliations  in Razorpay in  Bangalore for (4-10) years of experience. Apply Now!